House Democrats, led by Rep. Maxine Waters, blocked a joint House Financial Services and Agriculture Committee hearing on a draft crypto markets structure bill which was released on May 5, 2025

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May 6, 2025

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House Democrats boycotted a planned hearing on Tuesday to debate how the cryptocurrency industry should be regulated following tensions over President Donald Trump's digital asset entanglements.

Tensions flared Tuesday morning as some Democrats boycotted a scheduled joint hearing on cryptocurrency regulation hosted by the House Financial Services and Agriculture committees. Waters said she refused to participate because of Trump’s crypto holdings and his influence over federal agencies.

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Week 19 of 2025